South Korea NPS to invest $300m in Americas real estate

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SOUTH KOREA/US - South Korea's National Pension Service has hired The Townsend Group to invest $300m in real estate in North and South America.

Townsend will target secondaries, recapitalizations, joint ventures and club investments, the firm said in a release. Townsend said it would start investing immediately. "We believe this to be a...

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